Taylor Morrison Home (TMHC) Operating Expenses (2012 - 2026)
Taylor Morrison Home (TMHC) recorded quarterly Operating Expenses of $59.0 million in Q1 2026, down 20.34% quarter-over-quarter from $74.0 million in Q4 2025, and down 12.7% on a YoY basis from $67.5 million in Q1 2025.
Taylor Morrison Home (TMHC) Operating Expenses (2012 - 2026) Analysis & Trends
Taylor Morrison Home's Operating Expenses history runs 15 years deep, the most recent figure standing at $59.0 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 12.7% year-over-year to $59.0 million; the TTM figure through Mar 2026 stood at $264.9 million (down 15.73% YoY), while the FY2025 annual figure was $273.5 million, down 13.01% from the prior year.
- Operating Expenses was $59.0 million for Q1 2026 at Taylor Morrison Home, down from $74.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $165.5 million in Q2 2022 to a low of -$224.7 million in Q4 2022.
- Historically, Operating Expenses has averaged $63.4 million across 5 years, with a median of $69.0 million in 2023.
- Biggest YoY gain for Operating Expenses was 155.5% in 2022; the steepest drop was 440.53% in 2022.
- A 5-year view of Operating Expenses shows it stood at -$224.7 million in 2022, then surged by 133.23% to $74.7 million in 2023, then gained by 10.4% to $82.4 million in 2024, then decreased by 10.2% to $74.0 million in 2025, then retreated by 20.34% to $59.0 million in 2026.
- The last three Operating Expenses figures came in at $59.0 million (Q1 2026), $74.0 million (Q4 2025), and $65.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 43.54 Bn | 42.20 Bn | 1.70 Bn | 903.30 Mn |
| 2 | Pultegroup | 23.57 Bn | 21.76 Bn | 881.27 Mn | 380.33 Mn |
| 3 | Lennar | 22.65 Bn | 20.45 Bn | 6.36 Bn | 6.40 Bn |
| 4 | Nvr | 17.80 Bn | 16.15 Bn | 1.31 Bn | 156.97 Mn |
| 5 | Toll Brothers | 13.73 Bn | 12.64 Bn | 604.89 Mn | 258.25 Mn |
| 6 | Taylor Morrison Home | 6.88 Bn | 6.88 Bn | 290.64 Mn | 58.97 Mn |
| 7 | Installed Building Products | 5.53 Bn | 5.05 Bn | 212.30 Mn | 154.70 Mn |
| 8 | Meritage Homes | 4.85 Bn | 4.09 Bn | -269,000.00 | 51.40 Mn |
| 9 | Cavco Industries | 4.56 Bn | 4.52 Bn | 135.92 Mn | 81.36 Mn |
| 10 | Champion Homes | 4.39 Bn | 3.74 Bn | 172.19 Mn | 109.73 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 58.97 Mn |
| Dec 31, 2025 | 74.03 Mn |
| Sep 30, 2025 | 65.28 Mn |
| Jun 30, 2025 | 66.66 Mn |
| Mar 31, 2025 | 67.55 Mn |
| Dec 31, 2024 | 82.44 Mn |
| Sep 30, 2024 | 81.63 Mn |
| Jun 30, 2024 | 82.78 Mn |
| Mar 31, 2024 | 67.56 Mn |
| Dec 31, 2023 | 74.67 Mn |
| Sep 30, 2023 | 68.99 Mn |
| Jun 30, 2023 | 70.65 Mn |
| Mar 31, 2023 | 66.26 Mn |
| Dec 31, 2022 | -224.72 Mn |
| Sep 30, 2022 | 52.36 Mn |
| Jun 30, 2022 | 165.54 Mn |
| Mar 31, 2022 | 157.27 Mn |
| Dec 31, 2021 | 65.99 Mn |
| Sep 30, 2021 | 70.43 Mn |
| Jun 30, 2021 | 70.00 Mn |